Answer :

Principal (P) = 1000

Rate of interest (R) = 10%


Time period (n) = 1 year


For quarterly, n = 4


Rate of interest (R) for quarterly =





= 1000


= 1103.81


Amount = Rs. 1103.81


Interest = A-P


= 1103.81-1000


= 103.81


compound interest = Rs. 103.81


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